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Federal Agency Student Loan News November 2013 Department of Education The Department announced a number of important new changes and programs in November, including: 1. Another round of negotiated rulemaking. The Department announced its intention to establish a negotiated rulemaki

The discussion about student loan defaults too often assumes that it is acceptable and typical to use the full force of the government to collect from defaulted borrowers. In fact, there is nothing typical about the government’s draconian student loan collection powers. A rece

The Department of Education issued final regulations on November 1, 2013 making significant changes to a number of key student loan programs. Many of the most important changes affect the loan rehabilitation program that borrowers may use to get out of default on federal student loan

The Consumer Financial Protection Bureau’s (CFPB) annual ombudsman report focuses on the problems many borrowers face trying to repay private student loans. We applaud the CFPB report, especially since it is so difficult for borrowers to get relief from burdensome private stude

The government shut down has lasted over a week now. This is having a big impact on higher education. However, at least for now, the Department of Education says that there should be minimal impact on schools, lenders and guaranty agency’s ability to administer the federal ai

Thanks to so many of you for responding to the new polling feature on our home page. Your responses reveal some interesting and often surprising results. In the first poll from this summer, we asked if you were having trouble with just federal student loans, just private loans, or bo

PLUS loans are the only federal student loans that come with some “creditworthiness” requirements. Basically, the government will deny an application if the parent is considered delinquent for 90 days or more on the repayment of a debt or has been the subject of a default determinati

Last week, the New York Attorney General announced a ground-breaking settlement with Career Education Corp., one of the largest for-profit colleges in the U.S. This settlement highlights the crucial role that state law enforcement agencies play in protecting students from for-profit c

For the past few months, the student loan policy debate has centered almost exclusively on interest rates. That debate should be over, at least for now. President Obama signed a law today that makes a number of important changes to interest rates for new federal student loan borrowe

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Please understand that we do not provide legal advice about individual cases. This web site includes links to other resources for those who seek individualized legal advice or other help not offered here. This site is for people who already have student loans and want to know more about their options and rights.